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Social media plays an integral role in the ongoing success and lifecycle of these coins. A recent instance showcased how the power of influence can ignite rapid speculation. When Elon Musk jokingly referred to CNN as “q&n” via Twitter, the crypto community exploded with immediate interest in related meme coins. Within moments of Musk’s tweet, individuals scrambled to identify promising tokens before the market surged, exemplifying the immediacy of response in the meme coin ecosystem.